Whether you’re new to London or simply relocating to a more affordable part of the capital, starting a business in New Southgate is a smart way to tap into a growing, well-connected community. With its designation as a London Opportunity Area, New Southgate is primed for regeneration — making it a promising place for entrepreneurs, sole traders, and small business owners looking to scale.
From registering your business to securing space to grow, here’s a step-by-step guide to building your brand in this fast-growing north London neighbourhood.
Why New Southgate Is a Prime Location for Small Businesses?
Southgate is one of the capital’s most promising zones for business growth. Backed by targeted investment, the area is seeing major regeneration — including new housing, infrastructure and a rising population of working professionals. For start-ups and small businesses, that means:
- A growing customer base as new developments bring in residents
- Proximity to talent with better transport and nearby business hubs
- Access to resources like coworking spaces, storage units and retail premises
How to Start a Business in New Southgate
If you’re setting up locally, especially with an eye on commercial property for sale in New Southgate, these steps will help you get started the right way.
1. Do your research:
Start with the latest New Southgate Ward Profile to understand the local demographic and spending trends. If you’re buying premises, assess footfall, nearby businesses and demand to make sure your offering fits the location.
2. Choose your business structure:
Decide whether to operate as a sole trader, partnership or limited company. Each comes with different legal and tax obligations — and may affect what type of premises you need.
3. Secure a business address:
Looking for long-term space? Explore commercial property for sale in Southgate, from high street units to flexible office spaces. If you’re not ready to buy, coworking hubs and business storage units are great short-term alternatives that still offer a professional base.
4. Register and license your business:
Sole traders sign up with HMRC for self-assessment. Companies with multiple members must register with Companies House. Don’t forget to check if your industry requires licences or certifications.
5. Set up your finances:
Keep records from day one. Use spreadsheets or software and consider a business bank account. Set aside money for taxes and register for VAT if you expect to exceed the threshold.
Moving an Existing Business to New Southgate
Already have a business and want to move into the area? You’re in good company. With fast transport, local amenities and competitive rents, New Southgate is a smart relocation choice. Here’s how to move without losing momentum:
- Secure business storage while relocating large items like stock, tools or equipment
- Update your business address across all legal, marketing and financial platforms
- Use local coworking or office pods to stay operational during the transition
Attic Self Storage also provides secure, flexible units that double up as workspace — making it easier to continue working while you settle into your new base.
Flexible Coworking Spaces in and around New Southgate
If a home office isn’t cutting it — whether due to distractions, limited space or the need for a more professional setup — coworking offers a practical and budget-friendly alternative. From private pods to open-plan shared spaces, there are a range of options to suit your working style.
Office Pods at Attic’s New Southgate Site
For freelancers and sole traders who need structure without committing to a long-term lease, private office pods are a smart choice. These compact units give you a dedicated workspace that’s:
- Private, secure and lockable
- Compliant with GDPR — ideal if you’re handling sensitive documents
- Conveniently located on-site at Attic Self Storage in New Southgate
Because they’re housed in the same building as your storage unit, you can work within easy reach of your inventory, tools or paperwork — a great option for ecommerce sellers, tradespeople or creatives managing physical stock.
Nearby Coworking Spaces to Rent
If you prefer a more sociable working environment, open-plan coworking spaces offer shared desks, meeting rooms, and communal facilities that simulate an in-house office feel — perfect for staying connected and avoiding isolation. Some options nearby include:
- Clockwise Wood Green: A stylish office hub just a short ride from New Southgate. Offers flexible membership packages, breakout areas, and a professional setting for client meetings.
- Regus Southgate: A versatile coworking space in Barnet, equipped with hot desks, private offices and strong transport links. Ideal if you need occasional desk space or want a professional address without the cost of a full-time office.
As your business takes shape, having the right space can make all the difference. From secure storage for stock and equipment to quiet, flexible workspaces, our New Southgate location is designed to help you stay organised and focused. We even provide packaging materials for ecommerce sellers — just ask at the front desk.
Get in touch today and discover how we can support your next business move!
Posted on 13th August 2025 by Shanaiqua Desa
